Latest News

The movers and shakers in Suriname’s offshore basin

Suriname’s offshore basin is being shaped by a mix of international operators and partners, with exploration wells drilled across multiple contract areas, according to...

U.S. Ambassador urges procurement reform, says investors must “come here and see” Guyana before entering market

U.S. Ambassador to Guyana Nicole Theriot is urging updates to the country’s procurement system while advising investors to visit in person before committing to...

Chevron flags strategic role for crudes like Guyana’s in its global supply system

Chevron on Friday signaled that crude from Guyana is becoming an increasingly important part of its global supply system, as the U.S. oil major...

ExxonMobil sees more Guyana projects as Stabroek acreage remains under evaluation

ExxonMobil expects additional offshore developments in Guyana as work continues to assess remaining areas of the Stabroek Block. The update came during the company’s first...

World Court to hold Guyana-Venezuela border hearings May 4–11

The International Court of Justice (ICJ) will hold public hearings from May 4 to May 11 in the case brought by Guyana over the...
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Latest News

The movers and shakers in Suriname’s offshore basin

Suriname’s offshore basin is being shaped by a mix of international operators and partners, with exploration wells drilled across multiple contract areas, according to...

U.S. Ambassador urges procurement reform, says investors must “come here and see” Guyana before entering market

U.S. Ambassador to Guyana Nicole Theriot is urging updates to the country’s procurement system while advising investors to visit in person before committing to...

Chevron flags strategic role for crudes like Guyana’s in its global supply system

Chevron on Friday signaled that crude from Guyana is becoming an increasingly important part of its global supply system, as the U.S. oil major...

ExxonMobil sees more Guyana projects as Stabroek acreage remains under evaluation

ExxonMobil expects additional offshore developments in Guyana as work continues to assess remaining areas of the Stabroek Block. The update came during the company’s first...

World Court to hold Guyana-Venezuela border hearings May 4–11

The International Court of Justice (ICJ) will hold public hearings from May 4 to May 11 in the case brought by Guyana over the...
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Afreximbank opens direct financing pathways for Surinamese firms targeting oil and gas contracts

Afreximbank is positioning itself as a direct financing partner for Surinamese companies seeking to compete for oil and gas contracts, Acting Regional Chief Operating...

The movers and shakers in Suriname’s offshore basin

Suriname’s offshore basin is being shaped by a mix of international operators and partners, with exploration wells drilled across multiple contract areas, according to...

Staatsolie to take Suriname offshore licensing pitch to Houston

Staatsolie will host an in-person roadshow in Houston on May 26, 2026, to present Suriname’s Open-Door Offering to oil...

TotalEnergies expands Suriname local content efforts with teacher safety training initiative

PARAMARIBO, SURINAME – A new training initiative targeting vocational teachers is being rolled out in Suriname, as industry and...

SLB sees 2026 project approvals topping $100 billion, with Guyana offshore a key growth area

Global oil and gas project approvals are on track to exceed US$100 billion in 2026, driven by renewed momentum...

GranMorgu session in Rotterdam draws diaspora interest as Suriname eyes Singapore-level development

ROTTERDAM, NETHERLANDS – Suriname is aiming to use its offshore oil resources to drive national development to levels comparable...
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Suriname puts 60% of offshore basin on offer in new Staatsolie open-door program

Staatsolie launched its new Open-Door Offering this morning, creating new opportunities for exploration and production companies to enter the Suriname-Guyana Basin. The initiative was...

Guyana-Suriname Basin, Brazil among busiest regions this year for high-impact drill campaigns

High impact exploration drilling is expected to remain stable in 2025, with 65-75 wells targeted for completion, compared to...

Noble Developer to drill three wells offshore Suriname

Noble Corporation announced on Monday that it has entered an agreement with PETRONAS Suriname E&P B.V. for the high-specification...
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Guyana, Suriname can meet 11% of mid-2030s LNG supply gap – WoodMac

Energy data analytics provider Wood Mackenzie said Guyana and Suriname can supply up to 12 million metric tonnes per annum (MMTPA) of liquefied natural...

SBM Offshore’s Fast4Ward hull reserved by TotalEnergies for Suriname’s first oil development

TotalEnergies has reserved SBM Offshore's Fast4Ward® hull for its first development offshore Suriname. SBM Offshore made the announcement on Thursday. "SBM...

Trinidad hopeful existing gas infrastructure gives it edge over rising stars Guyana and Suriname

Trinidad and Tobago's Minister of Energy and Energy Industries, Stuart Young, said the country is advantaged in terms of...
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Petronas, ExxonMobil make third Block 52 discovery offshore Suriname 

Petronas has added to Suriname’s oil bounty with a new discovery in Block 52 at the Fusaea-1 exploration well.  The prospect is located about 170...

Petrobras replicates Guyana, Suriname success with second discovery at Potiguar Basin

Petrobras has struck oil in a well located in Brazil’s Potiguar Basin, during a campaign it embarked on in...

Petronas, Exxon hit oil jackpot with second discovery at Block 52 offshore Suriname

Petronas Suriname has announced a major oil discovery at the Roystonea-1 exploration well in block 52.  The successful drilling, carried...
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Sponsored Content

Invest in the Staatsolie-Bonds 2025-2033. Here’s how 

Staatsolie Maatschappij Suriname N.V. has issued new bonds aimed at raising at least US$250 million and €50 million to fund its involvement in the...

Opinions

Senate vote could open French Guiana to exploration – what it could mean for Guyana and Suriname

A vote in France’s Senate could ultimately reshape the competitive and geological landscape of the Guyana-Suriname Basin, with potential implications for both Guyana’s Stabroek-led...